By Reuters
Carlos Fuentes, one of Latin America's most eloquent and widely read authors and a fierce critic of governments, has died after a literary career spanning more than five decades. He was 83. (5:25 pm)
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TWITTER, ARGENTINA, ELECTIONS, LONDON
By Reuters
IBM thinks it can make geologists and engineers more effective at mining the fast-growing wealth of data on everything from oil reservoirs to refineries to help them find, extract and process oil. (5:14 pm)
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IBM, CHEVRON, CALIFORNIA, TWITTER, NEW YORK, MANAGEMENT
By IBTimes
Kurt Mix, the former BP engineer arrested for deleting messages revealing how much oil was really seeping from the stricken Deepwater Horizon well in 2010, said evidence not yet submitted to federal investigators will absolve him of all criminal charges. (4:58 pm)
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COURT, SETTLEMENT
By IBTimes
In a joint presentation to both Republican and Democratic party platform committees, the American Petroleum Institute, the largest petroleum industry-backed trade group, released a series of recommendations it would like to see implemented by the next presidential administration. (2:46 pm)
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NEW YORK, INVESTMENT
By PFG Best
Germany may have kept the euro zone out of a technical recession but is their growth going to be enough to stop oil's gritty abatement? The country whose basic economic principles are being abandoned by France and Greece saw its economy blow awa... (9:54 am)
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GOLD, GERMANY, ELECTIONS
By IBTimes AU
Natural gas and oil development projects near the Atlantic Ocean, particularly in the Gulf of Mexico, could be facing potential damages in the coming months with the onset of the rainy season. (May 15)
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STORM, OIL SPILL
By Reuters
Fragrance company Coty Inc withdrew its $10.7 billion takeover bid for Avon Products Inc on Monday, saying the world's largest cosmetics direct seller had missed a deadline to start discussing a deal that Coty first proposed in March. (May 15)
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RUSSIA, NEW YORK, MANAGEMENT
By Reuters
Fragrance company Coty Inc withdrew its $10.7 billion takeover bid for Avon Products Inc on Monday evening, saying the world's largest cosmetics direct seller had missed a deadline to start discussing a deal that Coty first proposed in March. (May 14)
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RUSSIA, NEW YORK, MANAGEMENT
By Reuters
Ally Financial Inc's mortgage unit filed for bankruptcy protection on Monday, and the former in-house financing arm for General Motors Co also said it will sell some international operations to help set it on a path to repaying $12 billion in U.S. government bailout money. (May 14)
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GENERAL MOTORS, BANK OF AMERICA, BARCLAYS, COURT, NEW YORK, MANAGEMENT